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Tuesday, October 27, 2009|
Van Eck Thinks Small With a New India ETF
Van Eck filed for a new exchange-traded fund last week, the Market Vectors India Small-Cap ETF. The fund will track the Market Vectors India Small-Cap Index.
Expense ratios have not yet been determined. Hao-Hung (Peter) Liao and George Cao will serve as portfolio managers.
The index tracks securities of 225 Indian companies with market capitalizations between $150 million and $1.2 billion.
IndexUniverse reports that there are three others India ETFs on the market right now; each investing mainly in large-cap companies.
Printed from: MFWire.com/story.asp?s=23053
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